Playing Devil's Advocate - This is not Double Bottom, because what suppose to be second "bottom", is lower than first "bottom".

It is *NOT* nececery bearish, but can not be seen as double bottom.

What I would like to see now, is the upper channel boundary (upper blue line), to became support, so to see nice bounce from there.

$7.30 resistance - I like it, I mean yes there is resistance, and will be defenetly support once broken.

$8.00 - I do not consider this level to be important at all.

$9+ is more important - see weekly chart here - http://stockcharts.com/h-sc/ui?s=MFN... , once we pass $9 we will be in old paradigm - $10 - $12.

What "biger picture" looks to me - bullish flag, but not sure, because we have no price raise prior the flag.